Hong Kong Regulations

RESERVED COMMODITIES (CONTROL OF SALES BY WHOLESALE) REGULATIONS - REGULATION 13

Restriction on sales by wholesale and price control

(1) The Director may by notice in writing to a registered  wholesaler-

   (a)  restrict the sale by wholesale of a reserved commodity by the
        registered wholesaler to any class of persons or to specified persons;

   (b)  fix the maximum price at which a reserved commodity shall be sold by
        wholesale by the registered wholesaler;

   (c)  require the wholesaler to sell such quantity of a reserved  commodity
        in his possession or under his control to such person as the Director
        may specify at a price not exceeding the maximum price fixed under
        paragraph (b).

(2) A notice under paragraph (1) may be addressed to all registered 
wholesalers, to a class of registered wholesalers or to a specified
registered wholesaler.

(3) A notice under paragraph (1) shall be-

   (a)  served on each registered wholesaler to whom the restriction or
        control applies; and

   (b)  published in the Gazette.

(4) A registered wholesaler to whom a notice under paragraph (1) applies shall
comply therewith as soon as the notice is-

   (a)  served on him; or

   (b)  published in the Gazette, whichever is the sooner.